Future Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
PLATINUM Oct 2019 (NYMEX:PL.V19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for PL.V19
The long term trend has been UP since Nov 1st, 2018 at 860.0
The intermediate term trend has been UP since Jan 6th, 2019 at 817.7
The short term trend has been DOWN since Jan 14th, 2019 at 835.2
Smart Scan Analysis for PL.V19
Based on a pre-defined weighted trend formula for chart analysis, PL.V19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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